XRP has remained one of the main assets of many investors, with some ambitious prices. Crypto, Dustybc Crypto News, common visions about XRP behavior, investor psychology, and historical courses. Despite the changing feelings, XRP showed flexibility, as it maintains strong support levels while showing signs of accumulation in the long run.
XRP prices and main market levels
According to the analyst, XRP played an important role in its wallets for years, noting its strong potential for growth. He pointed out that XRP rose from about $ 0.5 to more than 3 dollars in a short period, which confirms the date of the sharp asset Price moves. The main psychological price levels include $ 3, while the most ambitious goals extend to $ 35 and up to $ 314.
Short -term support appeared between $ 2.60 and $ 2.70, indicating a basis for more upward movement. The analyst also pointed out the low interest of XRP in spite of the stable or increasing prices, which explains this as a bullish difference. In his opinion, fewer searches indicate that the short -term merchants leave, while investors continue in the long term in accumulation.
The encryption analyst has set a flagrant contrast between the long -term and the short -term speculators. XRP is the main investors as flexible, and they rarely sell during the decline. On the other hand, newcomers often buy during noise and exit cycles when prices fail to meet expectations.
He explained that many merchants are absent from long -term gains by selling early. He stressed that historically, the strategic purchase during the market decreases eventually led to profits. Even those who bought XRP near its peak in 2017, have seen opportunities to restore losses over time.
Also read: Polygon (POL) can decrease by almost 50 %, as the price decreased to less than the main support level
XRP opposite Bitcoin: Market and Performance Status
In recent weeks, XRP has overcome many other encrypted currencies, despite the backwardness Bitcoin In recent years. As one of the highest performance in the first ten and perhaps the best 20 years, the analyst emphasized his position as one of the best winners.
He insisted that the basics of XRP are still intact, but have attributed its weak performance against Bitcoin to organizational issues, such as SEC’s work.
Historical courses: Is the destruction of another XRP XRP?
Some investors are concerned about this XRP price You may follow the 2017-2018 cycle, which ended with a sharp correction. However, the analyst has argued that current trends differ greatly. The previous XRP bull continued for only 24 days, while the current cycle spanned about 90 days.
He pointed to strong prices, and to build support about 2 dollars, and pointed out that the market structure indicates a possible outbreak. As the upscale feeling continues, it is believed that the course is not over.
The analyst concluded with optimistic expectations, which enhances that long -term flexibility has a historical reward from XRP investors. He pointed out that even in the bear markets, relief marches provide opportunities, and patience is still a major factor in increasing gains.
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